Impact of Typhoon Yagi

According to current statistics, about 250 out of 589 enterprises (more than 40%) in industrial parks have suffered damage after the storm, with an estimated loss of nearly 1,600 billion VND. The business community of Hai Phong, Quang Ninh (directly affected by the storm) fell into a more difficult and terrible situation
The Economic Zone Management Board (EZ) said that so far, businesses in industrial parks and economic zones have resumed operations, but it will take at least 3 months to recover.
At the meeting with businesses organized by the Economic Zone Management Board, business representatives wished to:
Insurance companies are speeding up the process of assessing and compensating for damages so that businesses affected by Typhoon Yagi have funds to restore production.
Proposing that social insurance pay part of the salary of workers due to production stoppage, helping companies retain workers, reducing financial burden
Hope that authorities such as customs, tax, and fire prevention and fighting will postpone inspections so that companies can focus on overcoming the consequences
Propose that authorities temporarily reduce many types of taxes, electricity and water bills to reduce financial burden during the recovery process.
Request Hai Phong Customs Department to quickly resolve procedures related to the import of damaged equipment of enterprises due to the impact of the storm.
London Business Park recorded minor damage at a few factories, but it did not affect production activities. 100% has been repaired to date.

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